Saudi Arabia-based contech BRKZ has secured up to $30 million in growth debt from Stride Ventures.
With major events like Expo 2030 and the FIFA World Cup in 2034, and projects such as King Salman Park and The Red Sea Project, Saudi Arabia's construction market is growing.
BRKZ has announced it has secured up to $30 million in growth debt from Stride Ventures to strengthen its position in tailored embedded financing for the Kingdom’s building materials market.
Efficient materials procurement and innovative financing solutions are emerging as the next catalysts for sustainable growth.
Author's summary: BRKZ secures $30M debt from Stride Ventures.